McKinsey Settles Oxy Accusations for 573 Million

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McKinsey, a consulting firm that worked for Purdue Pharma, Oxycontin’s creator, has been under the microscope. This week, they agreed to pay the government 574 million dollars for their actions that helped cause the opioid epidemic. The company worked with Purdue to create new strategies meant to “turbocharge sales” and admitted no harm but agreed to pay out the settlement. California Attorney General Xavier Becerra said the firm had been “part of a machine that… destroyed lives”.

The Accusations Against McKinsey

McKinsey is accused of advising Purdue to pressure doctors through sales calls, especially targeting doctors who were already known to be “high-level prescribers.” In doing so, they also asked sales associates to be careful to subvert the authorities. Their goal was simply to help doctors avoid prescribing limits that states were trying to uphold.

When higher-ups at McKinsey realized …

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25 State Attorneys Oppose Oxy Settlement

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Twenty-five State attorneys have signed a letter opposing any settlements between the Justice Department and Purdue Pharmaceutical, Oxycontin’s manufacturers.

Purdue, owned by the infamous Sackler family, is preparing to settle a lawsuit with dozens of cities and counties across the United States. The suit itself is over their aggressive marketing and obfuscation with their addictive drug Oxycontin.

The Argument Against the Settlement

The attorneys say that the settlement does more harm than good. By forcing the state to oversee the settlement, the settlement will “improperly entangle state and local officials with future sales of the company’s addictive pain drug OxyContin.” The Justice Department has stipulated that Purdue transforms itself into a “public benefit company.” By becoming such an establishment, it would be run “on behalf” of the cities, states, and counties who are suing it.

The company, therefore, would need …

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